iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stock Short Interest Climbs 267.8%

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 6,021,361 shares, an increase of 267.8% from the October 15th total of 1,637,174 shares. Based on an average trading volume of 2,739,083 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of iShares Russell Mid-Cap ETF

A number of institutional investors have recently modified their holdings of the company. Baird Financial Group Inc. raised its stake in shares of iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after acquiring an additional 1,690,390 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell Mid-Cap ETF by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock valued at $496,505,000 after acquiring an additional 29,329 shares in the last quarter. AMG National Trust Bank acquired a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $420,742,000. Keybank National Association OH purchased a new position in iShares Russell Mid-Cap ETF in the third quarter worth $162,899,000. Finally, Glenview Trust Co grew its holdings in iShares Russell Mid-Cap ETF by 0.8% in the third quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock worth $151,394,000 after purchasing an additional 10,717 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.8%

IWR stock traded down $0.84 during trading on Thursday, hitting $110.84. 951,227 shares of the company’s stock traded hands, compared to its average volume of 2,257,725. The firm has a market capitalization of $58.45 billion, a P/E ratio of 20.27 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $114.97. The business has a fifty day simple moving average of $109.39 and a two-hundred day simple moving average of $106.38.

About iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.